1/ Giving business a $65 billion dollar tax cut means billions of dollars less for schools, hospitals and other services.

Giving business a $65 billion dollar tax cut means billions of dollars less for services like schools and hospitals. Treasury modelling even assumes these company tax cuts will be matched by cuts to services and higher taxes on people instead.

The Coalition’s company tax cuts represent one of the largest hits to our revenue in recent times, so it comes as a surprise that the legislation has not even been subject to an inquiry.

For those keen to point out that this legislation represents ‘just’ the company tax cuts for big business, and that the legislation was subject to inquiry in its original form, you would be only half right.

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